USD/JPY Trading Steady, Japan's Industrial Production Improves

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USD/JPY is trading at 101.22 up 0.02. Market chatter Japan's economy and comments from policy makers is making the rounds. Japan's Ministry of Economy Trade and Industry reported that industrial production rose 1.5 percent in August versus a decline of 0.4 percent in July. Year over year industrial production rose 4.6 percent in August versus a decline of 4.2 percent in July. Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) reported that housing starts rose 2.5 percent year over year in August versus a 8.9 percent rise in July. Construction orders rose 13.8 percent versus the 10.9 percent decline in July.
Posted In: FuturesForexMarketsJapanese YenUSD/JPYyen
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